Mortgage loans reached 13.6 MWK bil in 2017 in Malawi, according to the National Central Bank. This is 9.02 % less than in the previous year.
Historically, mortgage loans in Malawi reached an all time high of 14.9 MWK bil in 2016 and an all time low of 12.6 MWK bil in 2015. When compared to Malawi's main peers, mortgage loans in South Africa amounted to 949 ZAR bil and 420 TNS bil in Tanzania in 2017.
Malawi has been ranked 68th within the group of 89 countries we follow in terms of mortgage loans.
A mortgage loan is a loan secured by real property through the use of a mortgage note.